Underwriting & Pricing
‘Cautious Optimism’ for Cyber Buyers as More Focus on Risk Controls: Marsh
While the market for cyber insurance is expected to remain challenging "for the foreseeable future," there is optimism for rate stabilization as organization focus on cyber hygiene, according to ...
Rate Increases Steady in Q2: MarketScout
MarketScout said commercial property/casualty rates in the U.S. during the second quarter of 2022 were about the same as the first quarter, with composite average rate increases across all lines of ...
Commercial Auto Recovery Uncertain Beyond 2022
Property/casualty insurers have proven resilient in the last two years amid the considerable challenges of the coronavirus pandemic. One unanticipated outcome in this period is sharp improvement in ...
Telematics Has Kept the Promise: Allstate’s Journey Continues
Telematics has been on personal insurers' radar for many years, and it has recently reached a tipping point. Nowadays, it is recognized as a necessary capability for the future success of any auto ...
Carriers Will Be Slow to Raise Limits in ‘Nuanced’ Pricing Market: CEOs
Commercial insurance pricing may decline in coming months, but disciplined management of capacity will continue for a while, executives speaking at a recent industry conference said, pointing to ...
Are Drivers Who Pay at the Pump More Creditworthy? Researcher Probes Alternate Credit Scores
What does your SAT score mean for your ability to pay off a car loan? What does your Facebook feed say about your chances of landing a mortgage? What does your propensity for snacking on road trips ...
Tech Arms Race Favors Giant Commercial Carriers
Midway through a recent interview, the leader of a key business at The Hartford paused to ask a question relevant to executives at carriers that don't have 11-digit premium volumes or capital levels ...
Beyond the Print Edition: Nationwide P/C’s Prez Talks About Inflation and Telematics
Much of a recent interview that Carrier Management had with Mark Berven, the president and chief operating officer of Nationwide Property/Casualty, focused on the carrier's commercial lines ...